EconomyNews
US Economy in Worse Shape Than Economists Thought
The U.S. economy grew less than previously thought in the first quarter of 2024 amid a slowdown in consumer spending, the Bureau of Economic Analysis… Read More
EconomyNews
Inflation Stays Uncomfortably High as Rising Prices Continue to Squeeze Americans
Inflation ticked down slightly year-over-year in April but still remained high as rising prices continue to take a toll on average Americans’ finances, according to… Read More
EconomyNews
‘Economic Suicide’: Biden Admin Justifies Tax Hike Based on Racial Criteria
The Biden administration’s analysis of its revenue proposals for fiscal year 2025 argues targeted tax hikes that disproportionately affect white people would ease racial wealth inequality…. Read More
EconomyNews
Where US Job Growth Occurred in March Reveals the Ugly Truth About ‘Bidenomics’
Huge job gains reported by the Bureau of Labor Statistics in March were fueled largely by increases in government positions and employment of foreign-born workers…. Read More
EconomyCommentary
Recipe for Economic Train Wreck: Biden’s FY ’25 Budget’s 10 Massive Tax Increases
President Joe Biden released his proposed budget for fiscal year 2025 on Monday. There’s something in his budget for everyone—everyone who loves tax hikes, that… Read More
EconomyCommentary
Government Gets Fatter as Americans Rack Up Record Credit Card Debt
While the White House lectures on the strength of the economy, Americans are drowning in credit card debt, which hit a record-high $1.13 trillion by the… Read More
EconomyCommentary
The Uniparty Is Only a Few Steps Away From Gutting the US Dollar
America’s political establishment has less respect for the U.S. dollar than our foreign adversaries. That was made clear when Tucker Carlson recently interviewed the Russian strongman President… Read More
EconomyCommentary
How Washington Regulation Strangled American Manufacturing
U.S. Steel, the world’s first billion-dollar company, is being sold for scrap. And Washington made it happen. Originally an amalgamation of Carnegie Steel and countless… Read More
EconomyCommentary
How Bidenomics Has Given Us Most Expensive Thanksgiving Ever
Just in time for the holiday season, Bidenomics has managed to deliver the costliest Thanksgiving in American history. What is perhaps the quintessential American holiday is now… Read More
PoliticsCommentary
Go Ahead, Shut It Down!
This week, Republicans and Democrats got together to avert a government shutdown. Too bad. There’s so much that ought to be shut down. Useless Cabinet… Read More
Commentary
Deliberately Distorting Data to Downplay Devastation of Bidenomics
Jared Bernstein has once again demonstrated his complete ignorance of both economic theory and fact—an alarming trait for the chairman of the Council of Economic Advisers…. Read More
EconomyNews
Biden ‘Missing in Action’ on Debt Ceiling, House Speaker Kevin McCarthy Says
President Joe Biden “has been missing in action and misleading the public,” House Speaker Kevin McCarthy, R-Calif., said Monday in New York as the debt… Read More
EconomyNews
These States Have Taken Action Against ESG in 2023
The governors of Utah, Kentucky, West Virginia, Arkansas, Montana, and Florida have so far in 2023 signed legislation into law aimed at combating environmental, social,… Read More
EconomyNews
Job Creators Network Head Slams Biden Admin, Democrats for ‘Reckless Spending’
The president of the Job Creators Network says “reckless spending” by the Biden administration and congressional Democrats has diluted Americans’ buying power, in a response… Read More
EconomyNews
63% of Small Business Employers Concerned ‘Shaky Economic Environment Could Force Their Business to Close’
FIRST ON THE DAILY SIGNAL—A Job Creators Network Foundation monthly survey is providing somber insight into how some small businesses view the U.S. economy. Sixty-three… Read More
EconomyNews
March Report Shows ‘Inflation Is Far From Dead,’ Whatever Biden Says: Economist
An economist says that “inflation is far from dead” after the consumer price index report showed inflation rose 0.1% in March, up 5% from March… Read More
EconomyCommentary
6 Charts Show Why Washington Must Cut Spending ASAP
The recently released Biden administration budget for 2024 was layered with problems. It doesn’t take the surging size of the national debt seriously; it views… Read More
EconomyCommentary
Chaotic Consequences of Redefining Rules
Referees aren’t supposed to change the rules in the middle of the game, but that’s exactly what federal government officials like Treasury Secretary Janet Yellen… Read More
EconomyCommentary
Democrats Deserve Plenty of Blame for Bank Crisis
The United States recently suffered the second-largest bank failure in the country’s history. The consensus view is that Silicon Valley Bank made a huge mistake… Read More
EconomyNews
Biden’s Policies Responsible for Persistent Inflation, ‘Potential Banking Crisis,’ Economist Says
The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported… Read More
EconomyNews
Republicans Plan to Combat ‘Drunk Government Binge Spending.’ Here’s How
WASHINGTON, D.C.—The House’s most conservative caucus announced its “Shrink Washington, Grow America” plan on Friday as the debt ceiling debate continues in Washington. Rep. Scott… Read More
EconomyAnalysis
President Obama: “I Want Us to Be First,” Just Not in Economic Freedom
At an event earlier this week in New York, President Obama lamented that the United States wasn’t number one in the world for quality of… Read More
U.S. Should Borrow Pages from Canada’s Recovery Playbook
The New York Times has announced that the American middle class is no longer the wealthiest in the world. That distinction, the Times claims, now… Read More
America’s Dwindling Economic Freedom: The Root of American Retreat
America’s economic freedom and its leadership in international security are undeniably aligned. In his recent Wall Street Journal column, William A. Galston of the Brookings… Read More
U.S. Senators to Japan: Do as We Say, Not as We Do?
A recently released letter from 18 U.S. Senators to U.S. Trade Representative Michael Froman asked Japan to open its agricultural market to foreign exports in… Read More
Apple vs. Samsung: Why Is the Obama Administration Involved?
Apple and Samsung have been fighting over cell phone patents for a while. Samsung won a round in June when the U.S. International Trade Commission… Read More
Sequestration “Meat Cleaver” Is Really a Scalpel
In his speech yesterday, President Barack Obama referred to sequestration as a “meat cleaver” again, when news reports in fact show that the cuts have… Read More
Good News: Reporters Link Bigger Trade Deficit to Stronger Economy
The government just announced that the trade deficit for May increased by $400 million. Usually, the media report announcements of bigger trade deficits as bad… Read More
Cut Government Spending to Help the Economy? Majority Say Yes
A recent Rasmussen poll (subscription required) found that 65 percent of likely voters want the government to cut spending to help alleviate the country’s economic… Read More
Scholars Agree: High Tax Rates Do Harm Growth
The Congressional Research Service (CRS) stirred controversy last year when it released a study claiming that tax rates do not influence economic growth. Predictably, those… Read More
